Major Averages Rebound Despite Boeing Decline

Here is a daily recap of the S&P 500 broken down by sector followed by sector heat map as major averages rebound despite Boeing decline. Stocks in heat map are based on the top 10 holdings of each sector ETF. Click on each picture to zoom in. Below is a summary of today’s action on Wall Street provided by CNBC:

Drew Angerer | Getty Images Monday’s moves come after the major indexes posted their worst weekly performances of 2019 amid growing concerns of a possible economic slowdown around the world. “The most recent economic data fits with our 2019 outlook that suggests economic growth is likely to slow this year but recession prospects remain very low,” said Bruce Bittles, chief investment strategist at Baird, in a note.

About the authorTim Link

My goal is to provide a blog that consolidates stock market information for the average investor from at least five credible sources including stock reviews, analysis, financial news and market trends by sector.